Vancouver — Bralorne Gold Mines (BPM-V) has reported a new estimate for the resources now being bulk-sampled at its Bralorne Pioneer gold mine in southwestern British Columbia. The project is situated near the town of Goldbridge some 250 km north of Vancouver.
The measured resource in the Peter vein comprises 3,425 tonnes grading 8.4 grams gold per tonne. The Peter vein has been drifted on top and bottom with samples taken at 1.8 metre intervals across the exposed vein.
The upper Peter vein contains another 22,738 tonnes grading 9.7 grams gold in the inferred category.
The indicated mineral resource in the 51B FW vein is pegged at 17,729 tonnes grading 11 grams gold. The resource was based on 43 diamond drill holes drilled this winter and five historic drill holes. The 51B FW vein intersected by the Area 51 cross-cut yielded considerably higher grades of up to 21.1 grams gold over 1.5 metres.
Another inferred resource of 389,964 tonnes grading 10.4 grams gold sits above the 800-level.
The mill has been brought back into operation at a rate of 40 tonnes per day and will be ramped up to 120-tonnes- per-day as feed becomes available from Area 51. The company says it will take about six weeks to complete the necessary development work.
The company’s work over the past few years has focused on a small portion of its 24-sq. km land package covering the Bralorne-Pioneer claim group.Bralorne Gold has targeted four areas for exploration.These include the Peter vein; five secondary veins; the large undeveloped and unexplored area between the two mines and deeper zones in the existing mine.
The company believes there is excellent potential to extend the Peter vein at depth. When the mine was shut down in 1971 some of the veins were producing at grades of over an ounce per ton. However, a fair amount of dewatering and underground rehabilitation will be required.
The area between the Bralorne and Pioneer mine is still largely unexplored because it had not been held by either of the companies that ran the former mines. Diamond drilling in this gap has yielded some very good gold grades according to Bralorne.
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